Global Condom Industry Growing at a Rapid Pace on Rising Awareness Towards Disease Prevention
30 Novembre 2017 - 4:25PM
InvestorsHub NewsWire
Palm Beach, FL -- November 30, 2017 --
InvestorsHub NewsWire -- Market analysts are forecasting steady
growth for the Global Condom Industry based on such factors as rise
in sexually transmitted diseases, HIV/Aids, incorrect use of
contraceptives, unprotected sexual intercourse, contraceptive
failures, or sexual assaults which can lead to unplanned
pregnancies. According to Global Market Insights, the Global
Contraceptives Market is poised cross USD $35 Billion by
2024 on the heels of rising prevalence of sexually transmitted
diseases, favorable regulatory scenario in developed nations. The
increasing use of contraceptive in under developed countries and
rising awareness towards disease prevention will further boost the
business size. In the news today includes: RESTANCE, Inc. (OTC:
ANCE), Church & Dwight Co., Inc. (NYSE:
CHD), Reckitt Benckiser Group plc (OTC:
RBGLY), Pfizer Inc. (NYSE:
PFE), Pfizer Inc. (NYSE: PFE)
RESTANCE, Inc. (OTC:
ANCE) today announced a contract to manufacture condoms with
the Playboy brand name and bunny head logo for distribution
starting in Kenya. The brand name is being announced today in
support of World AIDS Day, coming on December 1, 2017.
RESTANCE is participating in a campaign to contribute to the United
Nations goal of ending the AIDS Epidemic by making condoms
available everywhere in Africa through the #DoIt4Africa
buy-one-give-one campaign where an anticipated $20
million in condoms will be sold in North American and for
every condom sold, a condom will be manufactured
in Africa and given away in Africa. RESTANCE has
executed an initial $500,000 contract to produce condoms
for the campaign. Look for more details on the #DoIt4Africa
campaign coming soon. Read this and more news
for RESTANCE at: http://www.marketnewsupdates.com/news/ance.html
In addition to opening a condom manufacturing plant, RESTANCE is
pursuing several other business lines in the growing economies
of East Africa. The Company is developing opportunities in the
region including initiatives in technology and systems integration
services, utility support services, affordable housing and health
products manufacturing. RESTANCE recently acquired East African
Development Partners as part of its strategy in East
Africa.
In other industry developments and market performances of note:
Church & Dwight Co., Inc. (NYSE: CHD)
closed up slightly on Monday at $45.10 trading over 1.4
Million shares by the market close. TROJAN condoms, manufactured by
the Church & Dwight, launched a new XOXO upscale condom
targeting both men and women with a soft touch, aloe-lubricated
latex in a unique portable carrying case. This launch has opened up
new opportunities for condom advertising in prime-time television.
Church & Dwight this month reported that its Board of Directors
declared a regular quarterly dividend of nineteen
cents ($0.19) per share. This quarterly dividend will be
payable December 1, 2017 to stockholders of record at the
close of business on November 15, 2017. It is the Company's
467th regular consecutive quarterly dividend.
Reckitt Benckiser Group plc (OTC:
RBGLY) closed down slightly on Monday at $17.17 by
the market close. Reckitt Benckiser's (RB) Durex premire Invisible
Ultra Thin is the thinnest condom designed to maximize sensitivity,
while still providing a high level of security and protection. RB
is a global force in household, health and personal care. Its 19
Powerbrands, in high growth categories, take a disproportionate
share of RB's top end marketing investment. Powerbrands drive over
70% of growth.
In other healthcare news:
Pfizer Inc. (NYSE: PFE)
closed even on the day on Monday at $35.49 trading over
10.2 Million shares by the market close. Pfizer is now selling the
drug directly from the official Viagra website. Men still need a
prescription for the diamond-shaped blue pills. But instead of
going to the pharmacy in person, or taking their chances buying
from an online pharmacy of unknown repute, men will be able to buy
Viagra from the maker of the drug itself and have it shipped to
their homes.
Eli Lilly and Company (NYSE: LLY)
close up slightly on Monday at $84.81 trading over 2.9
Million shares by the market close. Lilly markets tadalafil under
the trade name Cialis as an erectile dysfunction therapy, and in
the summer settled a dispute with generics drugmakers that the
patent on Cialis, which was previously set to expire in April
2020, will now end at the earliest in September next year.
DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party
publisher and news dissemination service provider, which
disseminates electronic information through multiple online media
channels. MNU is NOT affiliated in any manner with any company
mentioned herein. MNU and its affiliated companies are a news
dissemination solutions provider and are NOT a registered
broker/dealer/analyst/adviser, holds no investment licenses and may
NOT sell, offer to sell or offer to buy any security. MNU's market
updates, news alerts and corporate profiles are NOT a solicitation
or recommendation to buy, sell or hold securities. The
material in this release is intended to be strictly informational
and is NEVER to be construed or interpreted as research material.
All readers are strongly urged to perform research and due
diligence on their own and consult a licensed financial
professional before considering any level of investing in stocks.
All material included herein is republished content and details
which were previously disseminated by the companies mentioned in
this release. MNU is not liable for any investment decisions
by its readers or subscribers. Investors are cautioned that
they may lose all or a portion of their investment when investing
in stocks. For current services performed MNU has been
compensated forty-one hundred dollars for news coverage
of the current press release issued by RESTANCE, Inc. by a
non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY
NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may", "future", "plan" or "planned", "will" or "should",
"expected," "anticipates", "draft", "eventually" or "projected".
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company's annual report on Form 10-K or 10-KSB and
other filings made by such company with the Securities and Exchange
Commission. You should consider these factors in evaluating the
forward-looking statements included herein, and not place undue
reliance on such statements. The forward-looking statements in this
release are made as of the date hereof and MNU undertakes no
obligation to update such statements.
Media Contact:
email: info@marketnewsupdates.com
+1(561)325-8757
Grafico Azioni Restance (CE) (USOTC:ANCE)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Restance (CE) (USOTC:ANCE)
Storico
Da Nov 2023 a Nov 2024